Wills, Trusts & Probate Law Blog - Werner Law Firm

Wills, Trusts & Probate Law Blog

New Tax Law Changes for Itemized Deductions - Werner Law Firm

New Tax Law Changes for Itemized Deductions

The current tax reform bill signed into law by President Trump earlier last year and gone into effect starting this year (2018), has made significant changes to quite a few different types of taxes – not just for individuals, but for businesses, estates, and tax-exempt organizations like charities. Named the Tax Cuts and Jobs Act

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Which of Your Assets Are Subject to Probate? | Werner Law Firm

Which of Your Assets Are Subject to Probate?

When a person passes away, their belongings must pass on into the ownership of someone else. That process, however, is not always simple. Ownership can be legally complicated and defined in a multitude of ways, yet cleanly transferring said ownership is tricky business. That is why there are specific laws and rules when it comes

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Comparing, Understanding Different Types of Trusts | Werner Law Firm

Comparing, Understanding Different Types of Trusts

A trust is a legal entity that enables the transfer of assets from one person to the next. While all trusts have the same end goal, a different type exists for every circumstance. It works as an instrument for temporarily holding wealth under the trust’s name, separate from the original owner and beneficiary, before passing

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